when will rmp be unsuspended?, page-6

Ann out:

22 July 2011

Red Emperor Resources NL

("Red Emperor" or "the Company")

ASX Trading Halt Update

The Company announces that, further to the indicative timetable included in the
ASX announcement of 15 June 2011, the Company now expects trading in its
securities to recommence on the ASX during the course of next week rather than
21 July as previously advised.

For further information please visit www.redemperorresources.com or contact:

Red Emperor

Greg Bandy +61 8 9225 2826

Cairn Financial Advisers LLP (Nominated Adviser)

Jo Turner +44 20 7148 7900

Tony Rawlinson

Old Park Lane Capital plc (Broker)

Luca Tenuta +44 20 7493 8188

Michael Parnes

Tavistock Communications

Paul Youens +44 20 7920 3150

Ed Portman

Background

Red Emperor Resources NL (ASX: RMP) is a natural resources exploration company
with interests in the frontier state of Puntland, Somalia, the Republic of
Georgia and Western Australia.

* In Puntland, Red Emperor holds a 20% working interest in two licences
encompassing the highly prospective Dharoor and Nugaal valleys in 2011.
These two exploration areas cover nearly 40,000km2 and have independently
been assessed to potentially contain over 19.9 billion barrels of oil
in-place.

* In the Republic of Georgia, Red Emperor has a 20% working interest in
onshore blocks VIa and VIb, covering approx. 6,500km2. Partner Range
Resources Ltd (ASX: RRS; AIM: RRL) last year funded a 410km 2D seismic
program with independent consultants RPS Energy identifying 68 potential
structures containing an estimated 2.045 billion barrels of oil–in–place
(on a mean 100% basis). Two wells are to be drilled this year as part of
the proposed drill program.

* The Company also has a 25% interest in the Jillewarra Project free carried
until bankable feasibility study, which is a copper and gold project in
Western Australia.



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